Welcome to the latest installment of our "My First Note" series. In this episode, we have the pleasure of hearing from Homero Corona, a renowned real estate investor and note investing expert. Join us as Homero shares his invaluable insights and experiences, from his beginnings in the car industry to his eventual foray into real estate and the note investing world.
You'll discover how Homero successfully navigated the transition from wholesaling and fix-and-flips to the dynamic world of notes and creative financing. Prepare to be inspired by his journey and the many valuable lessons he has learned along the way. Interestingly, Homero's first note purchase was in fact a note he created rather than purchased.
Discover the power of building wealth through mortgage notes and becoming the bank. This is a must-watch for anyone interested in real estate investing, creating notes, and financial success!
➤ Don't forget to like, comment, and subscribe to our channel for more captivating content on mortgage notes and real estate investing.
0:00 - Introduction 0:11 - Welcoming Homero Corona as a guest 0:23 - Homero's background and entry into real estate 1:24 - From car business to real estate 1:46 Transition to real estate wholesaling 3:14 - Transitioning into note investing 4:11 - The power of educational events and networking 5:35 - First flip experience from door-knocking 6:44 The importance of a good title company 8:15 - Joining Note School and its impact 13:01 The power of educational events and networking 14:32 - Creating my first note on a mobile home 17:51 Buying Notes on Paperstac & the power of automation 23:57 - The power of education, events, & networking 24:39 Where can you connect with Homero Corona
Welcome to the latest installment of our "My First Note" series. In this episode, we have the pleasure of hearing from Homero Corona, a renowned real estate investor and note investing expert. Join us as Homero shares his invaluable insights and experiences, from his beginnings in the car industry to his eventual foray into real estate and the note investing world.
You'll discover how Homero successfully navigated the transition from wholesaling and fix-and-flips to the dynamic world of notes and creative financing. Prepare to be inspired by his journey and the many valuable lessons he has learned along the way. Interestingly, Homero's first note purchase was in fact a note he created rather than purchased.
Discover the power of building wealth through mortgage notes and becoming the bank. This is a must-watch for anyone interested in real estate investing, creating notes, and financial success!
➤ Don't forget to like, comment, and subscribe to our channel for more captivating content on mortgage notes and real estate investing.
0:00 - Introduction 0:11 - Welcoming Homero Corona as a guest 0:23 - Homero's background and entry into real estate 1:24 - From car business to real estate 1:46 Transition to real estate wholesaling 3:14 - Transitioning into note investing 4:11 - The power of educational events and networking 5:35 - First flip experience from door-knocking 6:44 The importance of a good title company 8:15 - Joining Note School and its impact 13:01 The power of educational events and networking 14:32 - Creating my first note on a mobile home 17:51 Buying Notes on Paperstac & the power of automation 23:57 - The power of education, events, & networking 24:39 Where can you connect with Homero Corona
Hello, and welcome to another episode of the Paperstac Podcast. I am Brett Burky\. This is Rick Allen. We have Homero Corona today. Yeah, super excited.
Rick Allen:
New guest in the How I Bought My First Note series we've been running. It's been wildly popular. Homero Corona. Welcome to the show, man.
Homero Corona:
Hey, thanks for having me guys. I'm excited to share my story, my journey, and maybe give a little bit of insight for some people that want to get started in note investing or real estate investing in general. So I'm excited to be on here with you guys. Yeah. Tell us,
Rick Allen:
tell us about
Homero Corona:
that. Like where you guys started in, what got you into real estate?
Rick Allen:
What got you into notes? Tell me your background. Have you always been in real estate or is it just make, did you make a jump from, I think the last person we had, they were in the film industry. Yeah. And then they wind up in real estate. So it's, yes, it's fascinating to hear the different backgrounds. So how did you get started
Homero Corona:
and what's your background? Yeah, so I think like a lot of stories I learned a long time ago from different resources, books, different things. If you can get in real estate investing, you'll do well financially, right? And I always knew and learned that. And I actually went to a seminar, I want to say seven, eight years ago. There's a lot of different ones out there. It was more of the pitch one where it's like, Hey, it's 200. We're going to show you guys what to do. And it was more Hey, you've got three packages, 000. At the time I didn't have it. And I was forking the road. I decided to go into the car business. So I got in the car business and I did well, my first year make six figures, I became a slave, right? You're only as good as your last sales. We used to say. And I knew early on that I wanted to do it long term, so I was in the car business for about four and a half years and along my journey I had met some good friends that were in real estate and we had talked a couple of times then finally in 2018 I said, you know what I'm ready to just quit cold turkey. So I quit the car business completely and a good friend of mine who's a real estate broker. and investor. He was doing fix and flips at the time. Said I'll share what I'm doing and what's been working for me. And I kinda, I think you'll figure things out and what you like doing. So when I first got started, I took the route of, a lot of people or some people in a real estate wholesaling. So what I started doing was I started door knocking pre foreclosures. And I got my first deal door knocking. That's really how I started, but I started in the car business. I had absolutely no clue, no experience, anything about real estate. And one of the advice my good friend told me is he said, I suggest for you to get your real estate license so you can understand the fundamentals of contracts and basic just real estate knowledge. So I did get my real estate loss license when I first started. And I just started door knocking and. I found out early on, do the thing if you want to get a deal fast, I always say do the thing that the least amount of people are willing to do, which is like knocking on doors. Everybody says, okay, let's send mailers when you got money.'cause that's the easiest thing to do. Receive inbound phone calls, right? And then, less amount of people are willing to cold call. And then less amount of people are willing to door knock 'cause it's. It's obviously not fun, but I know that If you can get in front of people and have good quality conversations and try to help people out you're gonna get deals So that's how I started. Cool. When
Rick Allen:
was that? About what time? Like 2018 so
Homero Corona:
2018
Rick Allen:
You started door knocking which I'm you know, I came from my background is wholesale I started wholesaling real estate in 2005 and yeah, I did it from 2005 until the end of 2011. So a pretty, good little run there and then ended up getting into notes by accident in 2012, but yeah, that's, it's such a good lesson is. And that's how I did wholesaling not really knowing, but I just wanted to go if everybody was fishing in this pond, I'm gonna go fish in that pond. And part of that was having to be like, look, I gotta, you gotta do the stuff that nobody else wants to do. And I was like, it's hard work, it's Yeah, that's how my kids that for sportsman Somebody's always out there working harder than you and if they're willing to put in that work And you're not willing to put in the work. They're gonna get the spot But if you're willing to do it and put in that work,
Homero Corona:
it can reap the rewards
Rick Allen:
So were you pretty successful in the wholesale
Homero Corona:
industry? Yeah, I mean I was pretty successful Just like you said it was actually surprising some of the conversations that I was having from these sellers and a lot of times some of these sellers would actually tell me that They would say, I've got a stack of postcards, I've got a stack of mailers, I've got a ton of phone calls, you're the first person that's knocked on my door, I want to do business with you. I can talk to you, ask you questions, and sometimes just because I was there and I was door knocking, they would give me business, versus calling, right? So so yeah, I mean I was doing pretty well. My mentor actually told me my friend, he said, I'm going to show you the fundamentals and the basics. And we had an agreement where I was basically going to get him his first few deals because he was investing in me. And I said, I'm not really concerned about the money early on. I'm concerned about the knowledge and experience. So I decided to take him up on that. And yeah, I started getting him a couple of deals. And then after that, he said, after I think it was three deals, he's like I know you're a fast learner, quick learner you can go from here and do and decide what it is that you want to do. So from there I started marketing to other investors and started wholesaling just in general. And then in 2019 I got my first flip from door knocking. It was actually a property in Mesquite and the same thing. I don't think anybody had talked to this gentleman. He was going through a unfortunate situation. It was his mother's house. He grew up in the house. He actually stayed in the house for the last five years taking care of his ill mother and she had an illness and she passed away and he was more than anything, I think going through a really hard time mentally. And when he first opened the door, he was just like, you know what? The bank already has this house. I don't want anything to do with it. Don't worry about it. And I just pushed and I said, Hey, let's figure things out. I want to help you out. Let's figure out the situation. He was actually very thankful because I think I helped him out more than anything mentally, emotionally. And I was there to help him out through the process and I was able to do my first flip. It was actually a brick home that they actually only owed like 20, 000 on. And he was gonna let it go to foreclosure just because he was just out. He checked out, yeah. He had already checked out. He had already checked out and it was unfortunate but thankfully there was a lot of obstacles that I had to overcome on that deal because I didn't have a lot of experience because it was probate. And I remember I actually had to take it to a different title company because this particular title company didn't really do a lot of, didn't deal with a lot of investors and a lot of like probate situations. Boy, you gotta have, you gotta have a good title company. I have a good title company. It's not something that I learned on quickly on is having the right team, especially the title company will make or break a deal. And I remember that title company, the escrow officer was actually really nice and he, she told me, Oh, Merrill, I'm not sure. You didn't really hear this for me, but I would take this deal to another title company, even though I'm an escrow officer, because I don't know why the underwriters don't want to push this through. You've provided everything that we've asked because they asked. Can you guys get birth certificates of this person? Got it. Okay, can you guys get birth certificates for this other person? Because it was a little awkward situation because I think there was three siblings and he was the only the only son alive from his mother. His brother passed away his mother, and everybody within five years span, which is real, was like, really, I guess awkward for the title company. It's maybe there's something fishy going on, but... Thankfully through a friend, through my network, I said, Hey, do you know a title company that's used to closing, probate deals or these situations? I moved the file over and we basically closed within three business days. And I was just like, wow. That's great.
Rick Allen:
That's fantastic. That's just, yeah, build the team. How did how did you make the pivot or what was the, the thing that led you from doing the, because it sounds like you were pretty successful at the wholesale, finding the fix and flips. Where did Notes enter the
Homero Corona:
picture? Notes came into the picture actually through through, through just general knowledge of seeing other investors online talking about, creative financing, seller financing and just, options of, hey, fixing and flipping, you can make great money, or you might be able to make... 5, 10, 15, 20, 30, 40, 50, 000 wholesaling. And then if you're flipping, you might be able to make a little bit more, right? But instead of focusing and making just right now, money, why not build wealth? And instead of getting that 5, 000, 50, 000 today, let me show you a way to make 300, 000, 200, 000 over the course of selling this property on terms and being able to control and manage notes. So I actually went to a event with a note Eddie speed. Which I'm sure you guys are familiar with and I got connected with Eddie. I went to a three day event and I was just like, wow, this is really powerful. And I learned, and I, that, the money's in the money, right? If you understand what you could do to leverage and create notes and really be the bank, it's very powerful. So I went to an event and actually joined his program. So I've learned a lot through Note School. That's, which is something that
Rick Allen:
he teaches. That's pretty cool. Yeah I went to Note School where I'm a member of Note School. Okay. Yeah. Awesome. I, similar to that, I bumped into Eddie at it was a five star conference in, in Dallas, Texas. Which is a big default conference. And it was really big in 20 13, 20 14. And he, I went and listened to him. He was talking about the a hundred dollars model. And ended up, I had already owned notes at the time and my partner and I were like, holy cow, we went down there and started talking to him, how can we learn more what we
Homero Corona:
do and he's we got a three day, three day
Rick Allen:
course in Fort Lauderdale coming up in three weeks and we're there and so I remember walking in and just, we were like, after we, the first, as soon as we had the first break, he and I walked out and said I don't know how much they're going to charge us.
Homero Corona:
But we're doing it. We're doing it. Yeah, that was my mentality as well after going through the third, third day is like, there's very few people that are just speaking on this in general, and at this level, I don't know anybody, and based on that experience, and the people that I could see in the room, the same thing I said, I'm not sure how much it's going to be, but this is something that, that I want to do. And that's something that, early on, I started, trying to program my mind and saying, you know what? I want to get to a level where I want to invest a certain amount on my education and my growth. And I know some people run away from that, right? They're like, I don't want to spend any money on education or seminars and events. And it's been a game changer for me. Had I not gone to some of those events, been a part of some of those groups, I 100% can tell you that I wouldn't be where I'm at. 100%.
Rick Allen:
I'm the same mindset as you. It literally, I think it we went with a diamond thing. So it was like 26, 000 I think whenever we signed up, so I don't know what it is now.
Homero Corona:
I know it changed. Yeah, I became a member in 2019 at the end of 2019 I believe is when we joined. Yeah It's,
Rick Allen:
But I remember we left there and, some people, and it's to each his own. Some people are more of I'm a self learner, this or that. I'm like, my mentality was, look, I've taught myself a lot about this business, but I would like to stand on the shoulders of giants who have been doing it for 30 years and not game the system or hack the system, but hey, I want to learn as much as I can from them instead of having to do it through the school of hard knocks. And I remember leaving Yeah, you want to shorten your learning curve. And when we left there we left that three day seminar and we had, like I said, we owned probably 15, 20 assets. I took stuff that I learned in the three day course, which you learn some stuff in the three day course But you don't really learn some a lot of the stuff unless you're already in those We took stuff that we learned right there and we made back half the money We spent on the drive back from Fort Lauderdale to Orlando Just hey, we can do this with this asset right now and just picked up the phone Called these people worked out a deal and I was like dude, that was so easy And I would not have got there as quickly as I did, and probably we wouldn't have done anything with any sort of partials or anything like that, had it not been for the education.
Homero Corona:
Yeah, no, I agree. I'm right there with you. I remember I actually went with my friend, and at that time we were doing stuff together, and we said the same thing. And we looked at each other, and I was like, yeah, this is a no brainer for us, for me, especially right now with this current market, that group, that mastermind, that mentorship has been everything because I've been able to find a good amount of private lenders within that community, right? Because there's also people that go and that they're like, I don't want to do fix and flip. I want to do wholesaling. I just want to put my capital to work. And I've built amazing relationships that, I've met engineers, people from all walks of life. They're like, you know what?, I like you Omero. I trust you. You're in this market. I don't have the time to really go chasing deals and figuring things out. I'd rather just put my capital to work with you. And it's been unbelievable because if you have a decent amount of private capital, it allows you to really take on a lot more deals. And feel a lot more confident in the market, especially when you're, when able, you're able to restructure them and do certain things where. You're able to recapitalize. There's just so many things, but it's so crucial. I can go on and off, but yeah those events can change your life for sure. Yeah,
Rick Allen:
I agree with you. You joined note
Homero Corona:
schools at 2019? 2019.
Rick Allen:
And where did you get your first note? How did that come to be?
Homero Corona:
In 2020, if you remember, obviously with COVID, so they NoteSchool had a lot of cause we joined the three day event and they're like, okay, we've got all these events coming up in 2020. And we're all excited. We got started and it's sorry, all these events are canceled, March, April, May for live events. So then they had to pivot and they had to try to figure things out to do things online. So there was a learning curve. To try to figure things out, but I actually created my my first note in 2019 on a mobile home and that, that's how I really got started. So I basically did a dual origination. I created two notes. So somebody from the note school community was a private lender to buy a property in North Texas, a mobile home, six acres. I bought it for 140, 000 and there was like five, 6, 000 of rehab that was just. Really paint really minimal items. Yeah, and then I turn around and sold it for 240, 000 With if I remember correctly 30, 000 down. So I created a note for 155 and one for 50 I believe yep 155 and 50 somewhere in there. So I created two notes. Yeah. And I obviously learned some of that stuff that you could do. So the reason I did that was to pay off my private lender. So I sold the first note to actually a local bank and they paid like 95% at the time, just because the borrower ended up being really good. 30, 000 down, had good credit. He was a contractor, he was a roofer. Learned obviously through note school, how to make sure your note is valuable, right? Doing all the underwriting, all the RMLO, all those things, make sure it's serviced by a servicer, all those things that if you're not part of a lot of these, you know, schools or events, or you don't really learn, a lot of people just service the note themselves, which obviously can be a headache, right? Yeah, so I sold that note to my private money lender. He was happy. And then I just, still to this day, I have that second note. It's performing like clockwork and it's just amazing cause I kept the down payment, right? Profit. And then I have a note that's pay me for, the next, who knows, 25 plus years. So you were able to keep a big
Rick Allen:
portion of the down payment and Yeah, you paid off the loan, so you got paid, you paid off your debt, you got paid up front, and you're getting paid for years to come. So that's interesting. Your first note is not one that you bought, it's one that you made. You
Homero Corona:
created it. That's pretty cool. Have you actually bought notes besides that, or did you always just create them? Yeah, I know, I've bought a, I've bought a couple of notes since then. Some of them I a funny story is I actually, one of my friends That helped me out early on. He's more of a landlord. He buys rental, that's his thing. Actually, he has about a hundred single family rentals now. Here in the area. And he actually reached out to me, by accident, if you will. He created a note himself and sold the property on terms. And he was like, hey. I know that people or you'll find out how to help me out, but I'm just trying to sell my note. I'm trying to cash out so I can start doing new builds because he was starting to do new builds. So I actually ended up reaching out to Eddie I think around 2019, 2020 as well. And they bought the note so they bought that note, but yeah Through like through the community and just some of the groups, I was I was looking for notes and I bought a note through, through one of the Facebook groups, right? Hey, I'm selling my note. Can you, these are the details. So I went through that. But that took a lot longer. It was. It was not the easiest process and then not too long ago as I was telling Brett I actually bought a lot I know it on paper stack, right? I heard you guys Speak I think at one of the conferences out here in DFW and you guys are sponsoring and in and I'm good friends with Michael right Michael Rogers was part of the notes. Yeah, cool. Yeah, no school community Such a cool, awesome guy. It was just really good community. And yeah, he told me, he's there's really good notes. You should check it out. And I had played with it. When I first heard about it and then one day I just started looking on there and I just started looking at my business. And I just said you know what, out of everything that I do, what is, what's the, what I like, what I enjoy most. And it's Rentals, as we all know, right? It can be a headache, and it's you know what? I really enjoy the notes. Like really having that cash flow where, yeah, you may have to do a little bit of management as far as making sure taxes and insurance are there. But other than that it's like the closest thing to really a mailbox money, right?. I started looking at the site one day and I said, and I saw a note in Texas originated, and it just checked off all the boxes. And I was really impressed with the platform paper stack on how easy it is to navigate through it and really look at everything that you need to do. I was blown away. Cool. I was blown away at just how well it's put together. How easy it is to use and everything is right there. It's like almost everything is almost automated. The pro, the note that I bought the folks actually put like 50% down. Oh wow. It was like $185,000 sales price. And they put $95,000 down. Geez. And I looked up, checked all the boxes, right? Like low l, t, v, low, i, t v, yeah, perfect. Everything you wanted to know. Perfect. So I decided to buy a note. The, one of the reasons I actually at that time is, We recently last year sold our cookie cut neighborhood. We moved out to the farm and we got a heavy rehab in a basically ranch, old ranch style home. So we got a heavy rehab and we sold our property and we needed to do a few things before we started some of the big major renovations. Cause we're going to build a patio pool and do a lot of things. And we had this capital there and I said, you know what? I don't want to just have money sitting there. I want to put this money to work. So that was one of the reasons I wanted to buy a note. And I said. I would rather start making money for 6, 7, 8, 9 months a year, and then I could, get a loan against the note or even sell the note, and I've gotten paid every single month, so my money's just not sitting there, and I can get 3, times rather than just having the money at the bank. Yeah. Definitely. That's smart. So yeah, no, I really enjoyed your guys platform. I was really surprised, and I had. I go to events and sometimes people don't really know about notes, right? So I tell them and then I tell them about your guys's website because anything that I use and I really like I always highly recommend things that, experience. I was actually surprised on the fact that when you basically go in there, you look at a note and, obviously we didn't really go back and forth much. It was this is what I'm trying to get from my note. And then I made an offer and then he's, he went back and he said, okay, can you do this? And I said I can do that. And that was it. And I was like, okay, perfect. Let's move forward. I can close in, as soon as you need to. And we closed in three I think it was like right around three weeks, but I was actually telling Brett, we probably could have closed quicker. There was actually just one or two documents that, that the seller of the note just hadn't paid attention to. And I hadn't paid attention to what other things that. We were waiting on in order to get like I think wiring instructions or something like that or get the everything drawn up, but it was pretty cool because a lot of people were like I don't even know where to start. If I wanted to sell my note, I don't know what documents. And it's pretty cool. The fact that you guys have a lot of that stuff already drawn up for folks, the notes the terms just breaking it all down and make it a really easy process. That's awesome. Thank you. That's
Rick Allen:
appreciate it. Yeah. It's always good to hear that stuff. Any advice for somebody jumping
Homero Corona:
into the business? Yeah, I would just say, start with education, start with, obviously listening to your guys's podcast and information and resources that has to do with, not investing, right? There's a lot of good resources out there. We've mentioned a couple, right? I'm sure you guys have a lot of really good content and information out there for folks, right? Start. I actually see if I have it around, but a boat, a book, I highly recommend a book. I highly recommend for a lot of folks is invest in debt. I pick it on Amazon, I think for I don't know, 12 or 15 bucks. It's very easy to read red book. I would start reading that book. It has a lot of really basic, great knowledge on notes and helping you understand the power of note investing. So I would definitely recommend that book invest in debt. And just start with resources, go to your guys website, paperstack, that way you can get an idea and start looking at what do these notes look like what are their their pricing, right? Because a lot of people sometimes may say I don't have 200, 000, 300, 000 to buy a note. You don't have to have that, right? You may start with 25, 000, 30, 000, there's notes. For that, right? It might be a mobile home, it might be land, it might be a vacant lot, whatever the case may be but they're out there. So I would start with education and then going to events, right? I think that's really powerful really, continuing your education. I think there's a lot of events for a few hundred dollars. You can get really good information. And those events are all over the U. S., basically throughout the entire year. Yeah. I'm not sure if you even know about any events coming up that people can attend, but I'm sure they can go to your website and or wherever you guys got resources. But there's events going on for not investing, right? Yeah. There's what it, two of the summer paper source, d m e, then yeah,
Rick Allen:
I m it's coming up in a week or two in the No Expo.
Homero Corona:
No expo, which we'll be at Noex. Yeah. No, expo is a great one. B F W P, right? Yeah. It's gonna be out here. Another great resource is for example, I hear in Texas, but I think they're nationwide is Quest Trust Company. They put together a phenomenal amount of... Free events for people that, want to basically start an IRA, put an IRA together and use those funds to invest in notes. And a lot of those, the majority of those events are free. So I would say start with education, go to events, good quality events, and they get around the right people.
Rick Allen:
That work. Yeah. Network is it right. Just get around the right people. Surround yourself. The community is giving, ask questions, people will answer them, help you out. And I reached out to somebody today and said, hey, do you have a lean release? And he's yeah. He just sent it over in Word format. So it's, yeah, it's just, everybody's always looking to help each other out. We're, speaking of events, where are we going to bump into you? What's the next event you're going to? What's the rest of your year look like? And,
Homero Corona:
where can people find you? Funny thing is we probably would have been able to connect, but it was a little bit on a tight schedule. I actually just came back from an event in Florida. So I was in Destin I was in Destin at a real estate conference for mostly CRM and, data management and whatnot. And I would just say for me, you can, follow me on also social media. Just, I have actually a YouTube channel where I go over some of the note creations that we talked about on how I created the note and breaking down that deal, showing you guys exactly like even pictures, details of the mobile home. So I have a YouTube, small YouTube channel where I post some of the content. It's just my first and last name, Omero Corona. Where actually I had told Brett briefly I was actually pretty surprised. We actually educate the Latin community as well. So I'm part of a a group called real Estate Fasting where we basically give a lot of free content on That's fantastic. How to do wholesaling, how to fix and flip, and we have so much free content and we actually have a website called realestate fasting.com, and I think we're close to we're actually a little over a hundred thousand followers on some of the different platforms. Wow. TikTok Facebook. We're actually doing a meetup here in North Texas. Talking about fix and flip. How do we acquire the house? How did we get the lead? What are the numbers look like? How did we find the funds? All those things. And yeah, I'm going to be going to next note Expo and I'm here at the end of the year
Rick Allen:
for sure. Fantastic. That's, we'll be there. Yeah come by, say hello, grab dinner or something like that, hang out for a little bit. Thank you man, Homero. Thank you so much for coming on. It's a fascinating story. Yeah, that was a pretty cool story. Always cool to learn stuff. Such a dynamic jump. Yeah, dynamic industry where you meet so many different people from so many different backgrounds and it's just fantastic. We really
Homero Corona:
appreciate you coming on. Yeah, no, it's been my pleasure. Thanks for having me on. And yeah, you guys are such a great resources for the community. You guys, like us, you guys have the go giver mentality of, like you said, if somebody needs help, somebody needs a document. That's something that I learned quickly on when I spoke to Brett a few times. Whatever it is that you need, the community is willing to help. So there's a lot of good Facebook groups and you guys. So I appreciate you guys. And I'm looking forward to seeing you guys at the events and having some dinner. When you guys come out to DFW and seeing you guys as growth as well, and. And yeah, it's exciting. Appreciate you guys. Yeah. Cool, man. Thank you.
Rick Allen:
That's it. Another episode of the Paperstack podcast in the books, Romero Corona here to join us, bless us with some knowledge. We appreciate it. We will see you guys on the next episode. So yeah.